Canada Urges Euro-Zone Stimulus

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

European economies need to quickly embrace a fiscal-stimulus plan because the region is "perilously close" to deflation, Canadian Finance Minister Joe Oliver said Sunday, warning such a turn could have negative consequences for a global economy. "What we do not ...

Dollar Softens Against Yen as Investors Take Profits

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Tatsuo Ito The dollar softened against the yen in Asia on Monday as overseas players locked in profits after its recent rapid rise to fresh six-year highs. The greenback hit Y109.46 last week, its highest since August 2008, as ...

Chicago National Activity Index Signals Below-Average Growth

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

A snapshot of the U.S. economic landscape says growth fell below its historic trends in August. The Federal Reserve Bank of Chicago's National Activity Index--a weighted average of 85 indicators of the U.S. economy--fell to -0.21 in August from +0.26 ...

Italy Industrial Orders Drop Again in July

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Giada Zampano ROME--Italian industrial orders dropped in July as both foreign and domestic demand slipped, underscoring the struggle of eurozone's third-largest economy to exit a prolonged recession. Industrial orders declined 1.5% on the month, after a similar drop in ...

MARKET SNAPSHOT: U.S. Stocks: Futures Lower On China Concerns

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stock futures were weak on Monday as global equity investors were concerned about aslowdown in China ahead of HSBC's PMI data. A decline in economic activity in August, ...

Oil Markets Remain Subdued, Brent Drops Below $98/bbl

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Eric Yep Crude-oil futures edged lower in Asian trading hours Monday as investors stayed on the sidelines ahead of economic data due later this week. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October ...

Overhaul of Italy GDP Data to Offer Renzi Little Help

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Giada Zampano ROME--A statistical review of Italy's growth data for the past five years, including illegal activities like drugs and prostitution, will provide only limited help to Prime Minister Matteo Renzi in his struggle to keep Italy's budget under ...

Bundesbank: Growth Trend Unlikely To Be Interrupted

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

FRANKFURT--Germany's central bank on Monday sought to dispel fears of an abrupt interruption to the country's growth trend, though cautioned that some positive recent data were supported by one-off factors that didn't accurately represent the state of the economy. The ...

EU Antitrust Near Approval of EDF-Led UK Nuclear Project -- Report

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

European Union's antitrust chief Joaquin Almunia is close to approve a 16 billion pound ($26.06 billion) nuclear project led by French state-owned utility Electricite de France SA (EDF.FR) in the U.K. announced in late 2013, French newspaper Les Echos reports, ...

Dutch Housing Market Springs Back to Life

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Maarten van Tartwijk AMSTERDAM--The Dutch housing market is finally showing signs of recovery after a slump that lasted five years. Dutch property prices increased for the fifth straight month in August, rising 1.7% on the year and 0.1% on ...

Chicago Fed's National Activity Index at -0.21

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

A snapshot of the U.S. economic landscape says growth fell below its historic trends in August. The Federal Reserve Bank of Chicago's National Activity Index--a weighted average of 85 indicators of the U.S. economy--fell to -0.21 in August from +0.26 ...

Weidmann Criticizes ECB's New Measures

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

FRANKFURT--Germany's central-bank chief Jens Weidmann criticized the European Central Bank's new measures to stimulate Europe's weak economy and boost inflation, according to a media report on Sunday. In an interview with German weekly Der Spiegel, the Bundesbank president was particularly ...

Economists Cut Outlook for Brazil's Economic Expansion Again -- Survey

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Rogerio Jelmayer SAO PAULO--Economists again reduced their economic expansion forecasts for Brazil for this year and next, according to a weekly central bank survey published Monday. The continued reduction of the country's expansion outlook by economists came amid low ...

Dutch House Prices Rise 1.7% on Year -- Market Talk

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

0759 GMT House prices in the Netherlands rose for the fifth straight month in August, data show Monday, confirming views that the country's housing market is slowly recovering from a lengthy slump. The figures could give a further boost to ...

Russian Gas Supplies to Central Europe Still Falling

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Nicole Lundeen and Sean Carney VIENNA--Some Central European countries continued to report declines in Russian gas deliveries on Monday as tensions between Ukraine and Russia persist in the run-up to winter. Austria's energy regulator E-Control said gas supplies were ...

CURRENCIES: Dollar Softens Against Yen As Investors Take Profits

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

By Tatsuo Ito The dollar softened against the yen in Asia on Monday as overseas players locked in profits after its recent rapid rise to fresh six-year highs. The greenback (USDJPY) hit Yen109.46 last week, its highest since August 2008, ...

BNP Paribas Cuts UK Growth Forecasts -- Market Talk

TODAY: Sept. 22, 2014 PUB DATE: Sept. 22, 2014

1316 GMT BNP Paribas cuts its forecasts for U.K. growth, largely because of weaker demand from the eurozone. Now expects growth of 3% this year and around 2.75% next, with a further drop to around 2.0% in 2016--the equivalent of ...